Agenda Item Title:
20TIF004 - Request to create an economic tax increment district for Orchard Meadows Lift Station
Funding Source & Fiscal Impact (if applicable):
Funding | Cost Center |
---|---|
$807,215 | RVSD Lift Station |
$50,000 | Professional Fees |
$40,361 | Contingency Costs |
$361,321 | Financing/Interest (7.0%) |
$20,000 | Imputed Administrative Fee (interest free) |
$1,278,896 | Total TIF Financed Expenditures |